Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT) Receivables Turnover: 0.87 (As of Dec. 2021)


IST:DIRIT Diriteks Dirilis Tekstil Sanayi ve Ticaret AS IST:DIRIT
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What is Diriteks Dirilis Tekstilnayi ve Ticaret AS Receivables Turnover?

Diriteks Dirilis Tekstilnayi ve Ticaret AS IST:DIRIT -0.77% 5 Receivables Turnover is 0.87 as of Dec. 2021. GuruFocus rates IST:DIRIT with a GF Score™ of 5/100.

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Diriteks Dirilis Tekstilnayi ve Ticaret AS's Revenue for the six months ended in Dec. 2021 was ₺20.71 Mil. Diriteks Dirilis Tekstilnayi ve Ticaret AS's average Accounts Receivable for the six months ended in Dec. 2021 was ₺23.78 Mil. Hence, Diriteks Dirilis Tekstilnayi ve Ticaret AS's Receivables Turnover for the six months ended in Dec. 2021 was 0.87.

Diriteks Dirilis Tekstilnayi ve Ticaret AS  (IST:DIRIT) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Diriteks Dirilis Tekstilnayi ve Ticaret AS Receivables Turnover Related Terms

Diriteks Dirilis Tekstilnayi ve Ticaret AS Receivables Turnover Historical Data

* Premium members only.

The historical data trend for Diriteks Dirilis Tekstilnayi ve Ticaret AS's Receivables Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Diriteks Dirilis Tekstilnayi ve Ticaret AS Receivables Turnover Chart

Diriteks Dirilis Tekstilnayi ve Ticaret AS Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.02 10.61 18.51 4.56 0.87

Diriteks Dirilis Tekstilnayi ve Ticaret AS Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
Receivables Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.02 10.61 18.51 4.56 0.87

IST:DIRIT vs AIN: Receivables Turnover Comparison

For the Textile Manufacturing subindustry, Diriteks Dirilis Tekstilnayi ve Ticaret AS's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Diriteks Dirilis Tekstilnayi ve Ticaret AS Receivables Turnover vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Diriteks Dirilis Tekstilnayi ve Ticaret AS's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Diriteks Dirilis Tekstilnayi ve Ticaret AS's Receivables Turnover falls into.


IST:DIRIT
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Diriteks Dirilis Tekstil Sanayi ve Ticaret AS IST:DIRIT
Receivables Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Diriteks Dirilis Tekstilnayi ve Ticaret AS Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Diriteks Dirilis Tekstilnayi ve Ticaret AS's Receivables Turnover for the fiscal year that ended in Dec. 2021 is calculated as

Receivables Turnover (A: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (A: Dec. 2021 ) / ((Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count )
=20.71 / ((0 + 23.782) / 1 )
=20.71 / 23.782
=0.87

Diriteks Dirilis Tekstilnayi ve Ticaret AS's Receivables Turnover for the quarter that ended in Dec. 2021 is calculated as

Receivables Turnover (Q: Dec. 2021 )
=Revenue / Average Accounts Receivable
=Revenue (Q: Dec. 2021 ) / ((Accounts Receivable (Q: Dec. 2020 ) + Accounts Receivable (Q: Dec. 2021 )) / count )
=20.71 / ((0 + 23.782) / 1 )
=20.71 / 23.782
=0.87

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Receivables Turnover →
What does a Receivables Turnover of 0.87 mean?
Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT) has a Receivables Turnover of 0.87 as of Dec. 2021. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Diriteks Dirilis Tekstilnayi ve Ticaret AS and its competitors.
Is Diriteks Dirilis Tekstilnayi ve Ticaret AS's Receivables Turnover too high?
Diriteks Dirilis Tekstilnayi ve Ticaret AS's current Receivables Turnover is 0.87. The Manufacturing - Apparel & Accessories industry median Receivables Turnover is 6.94. Diriteks Dirilis Tekstilnayi ve Ticaret AS's value of 0.87 is 87.5% below this industry median. Overall, Diriteks Dirilis Tekstilnayi ve Ticaret AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Diriteks Dirilis Tekstilnayi ve Ticaret AS's Receivables Turnover compare to AIN?
Diriteks Dirilis Tekstilnayi ve Ticaret AS's Receivables Turnover of 0.87 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Receivables Turnover is 6.94. Diriteks Dirilis Tekstilnayi ve Ticaret AS's value of 0.87 is 87.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Receivables Turnover for a Manufacturing - Apparel & Accessories company?
The median Receivables Turnover among Manufacturing - Apparel & Accessories companies is 6.94, based on 1,032 companies in the industry. Companies in the top quartile (top 25%) have a Receivables Turnover significantly above this median, while those in the bottom quartile fall well below. However, Receivables Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Diriteks Dirilis Tekstilnayi ve Ticaret AS's current Receivables Turnover of 0.87 is 87.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Receivables Turnover mean?
A high Receivables Turnover can signal that a stock is expensive relative to its fundamentals. The accounts receivables turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by Average Accounts Receivable. View historical data on Diriteks Dirilis Tekstilnayi ve Ticaret AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Receivables Turnover is 6.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diriteks Dirilis Tekstilnayi ve Ticaret AS's current Receivables Turnover is 0.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diriteks Dirilis Tekstilnayi ve Ticaret AS stock overvalued right now?
Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT) has a current Receivables Turnover of 0.87. The current Receivables Turnover is 0.87 and 87.5% below the Manufacturing - Apparel & Accessories industry median of 6.94. Diriteks Dirilis Tekstilnayi ve Ticaret AS's overall GF Score™ is 5/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Receivables Turnover calculated?
Receivables Turnover is calculated from a company's financial statements. For Diriteks Dirilis Tekstilnayi ve Ticaret AS (IST:DIRIT), the current Receivables Turnover is 0.87 as of Dec. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Diriteks Dirilis Tekstilnayi ve Ticaret AS Business Description

Address Suleyman Demirel Organize Sanayi Bolgesi, 114 Caddesi No. 4, Isparta, TUR
Diriteks Dirilis Tekstil Sanayi ve Ticaret AS is a textile manufacturing company. Its brands include Dirivizon, Dirigold, Roseland. The group sells its product through domestic dealers and abroad through distributers.
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